The National Bank of Oman (NBO) continues to support business owners through an integrated suite of merchant payment services designed to simplify payment acceptance, processing, and enhance customer convenience.
Industry sources added that the bank continues to integrate and offer a whole array of merchant payment solutions, including Point of Sale (POS) terminals, an E-Commerce Payment Gateway, and Merchant QR Codes. These services cater to a wide range of businesses, applicable to all registered and licensed entities such as home and microbusinesses, retail stores, corporate entities, small and medium-sized entities (SMEs), and government entities.
The POS terminals support local and international card schemes including Visa, MasterCard, American Express, UnionPay, Discover, and Diners Club. The features include POS system integration with electronic cash registers, kiosks, and vending machines.
Industry sources further added that it also aids in conversion of transactions to Easy Payment Plans, paying in local currency with Dynamic Currency Conversion, paying using rewards points, and real-time data synchronisation as sales data from the POS is automatically reflected in the enterprise resource planning (ERP) system, ensuring accurate inventory levels, financial records, and reporting.
Dr Ali Al Shekaili, Assistant General Manager – Head of Digital and E-Channels at NBO, said, “As Oman’s economy becomes increasingly digital, we believe it is essential to equip every business with the means to thrive. Our merchant payment solutions reflect this belief by helping businesses accept payments securely while staying competitive, connected, and ready for what comes next.”
Industry sources further added that Merchant QR code permits the clients to scan, pay, and complete transactions instantly. This solution is particularly well-suited for home and microbusinesses. No terminal is required, and merchants can simply use the Merchant Static QR provided by the bank to complete transactions, providing a contactless, easy-to-use alternative to traditional payment methods.
Last but not the least, this E-Commerce Payment Gateway supports 3D secure online payments and offers a secure and seamless checkout experience. The solution offers link payments, recurring payments, and batch payments options, as well as smart routing of transactions through a single application programming interface. E–commerce payment gateways are compatible with ERP systems, websites, and mobile apps.
